International Game Technology (NYSE:IGT)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $20.08 and last traded at $20.00, with a volume of 906,098 shares traded. The stock had previously closed at $19.98.

A number of equities analysts have issued reports on IGT shares. Sterne Agee CRT restated a “hold” rating on shares of International Game Technology in a research report on Sunday, May 29th. Macquarie started coverage on shares of International Game Technology in a research report on Tuesday, June 14th. They issued an “outperform” rating and a $26.00 price objective on the stock. Finally, Bank of America Corp. restated a “buy” rating on shares of International Game Technology in a research report on Wednesday, June 22nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $20.43.

The firm’s 50 day moving average price is $19.10 and its 200 day moving average price is $16.96. The company’s market cap is $4.09 billion.

International Game Technology (NYSE:IGT) last released its quarterly earnings data on Thursday, May 26th. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.09. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. International Game Technology’s revenue for the quarter was up 51.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.15) EPS. On average, equities research analysts forecast that International Game Technology will post $2.00 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 23rd. Shareholders of record on Thursday, June 9th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, June 7th. This represents a $0.80 annualized dividend and a yield of 3.92%.

Other institutional investors have added to or reduced their stakes in the company. Twin Capital Management Inc. raised its position in International Game Technology by 28.4% in the fourth quarter. Twin Capital Management Inc. now owns 62,630 shares of the company’s stock valued at $1,013,000 after buying an additional 13,850 shares during the period. California State Teachers Retirement System raised its position in International Game Technology by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 176,277 shares of the company’s stock valued at $2,852,000 after buying an additional 2,839 shares during the period. New York State Common Retirement Fund raised its position in International Game Technology by 111.4% in the fourth quarter. New York State Common Retirement Fund now owns 456,100 shares of the company’s stock valued at $7,380,000 after buying an additional 240,300 shares during the period. Pear Tree Advisors Inc. raised its position in International Game Technology by 6.6% in the fourth quarter. Pear Tree Advisors Inc. now owns 2,017,365 shares of the company’s stock valued at $32,641,000 after buying an additional 124,300 shares during the period. Finally, California Public Employees Retirement System raised its position in International Game Technology by 9.6% in the fourth quarter. California Public Employees Retirement System now owns 376,824 shares of the company’s stock valued at $6,097,000 after buying an additional 33,100 shares during the period.

International Game Technology (IGT) is a global gaming company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms: land-based, online real-money and social gaming. The Company is a supplier of gaming entertainment products worldwide.

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